Europe

Unions Balk at Audi’s Job Cuts Plan

By: Bill Hampton - November 25, 2019 at 4:17 PM

Audi AG’s goal of trimming its workforce in Germany by 4,000-5,000 people is running into expected resistance from the company’s works council.

VW to Launch Software Unit in January

By: Steve Plumb - November 25, 2019 at 8:46 AM

Volkswagen AG will formally launch its Car.Software business as an independent unit on Jan. 1.

Report: BAIC Aims to Hike Stake in Daimler

By: Steve Plumb - November 25, 2019 at 7:33 AM

China’s BAIC Group (Beijing Automotive Industry Holding Co.), which acquired a 5% stake in Daimler AG for $2.8 billion in July, wants to increase its holding in the German carmaker.

Germany Struggles with VW Diesel Claims

By: Bill Hampton - November 25, 2019 at 1:59 AM

Germany’s legal system is being swamped by damage claims from owners of diesel-powered Volkswagen cars that VW rigged to evade European standards.

PSA Insists Merger with FCA Is on Track

By: Bill Hampton - November 22, 2019 at 3:56 PM

A PSA source tells Reuters the company’s merger with Fiat Chrysler Automobiles is moving ahead in spite of this week’s racketeering lawsuit against FCA by General Motors.

Rimac Readies 1,900-hp Hypercar

By: Steve Plumb - November 22, 2019 at 10:32 AM

Croatia’s Rimac Automobili will unveil the production version of its high-performance C Two concept electric car at the Geneva auto show next March.

How Will GM Lawsuit Impact FCA-PSA Merger?

By: Bill Hampton - November 21, 2019 at 5:02 PM

The racketeering lawsuit General Motors filed this week against Fiat Chrysler Automobiles could rattle the merger FCA hopes to complete with PSA Group by year-end.

JLR Chief Welcomes Alliances, Rules Out Merger

By: Bill Hampton - November 21, 2019 at 3:00 PM

Jaguar Land Rover CEO Ralf Speth reiterates that the company would welcome alliances on technology and components but doesn’t need a merger partner.

Maserati Touts New Engine Family

By: Steve Plumb - November 21, 2019 at 1:14 PM

Fiat Chrysler Automobiles NV’s Maserati unit is developing a new engine family that will debut next year in a 2+2 sports coupe.

German Carmakers Fined for Fixing Steel Prices

By: Bill Hampton - November 21, 2019 at 10:23 AM

Germany’s federal cartel office has fined BMW, Daimler and Volkswagen a combined €100 million ($111 million) for fixing the cost of surcharges on certain steel purchases.

Mercedes Electric SUV to Start at $68,000 in U.S.

By: Steve Plumb - November 21, 2019 at 10:14 AM

The all-electric Mercedes-Benz EQC small crossover vehicle will carry a base price of $67,900 in the U.S. when it debuts in the market early next year.

ZF Teams with Chinese Partner on Electric Motors

By: Steve Plumb - November 21, 2019 at 8:53 AM

ZF Friedrichshafen AG and China’s Wolong Electric Group Co. are forming a joint venture to produce electric motors and related components for electrified vehicles.